Note 48 Current and accrued liabilities
€ million |
2024 |
2023 |
Amounts owed to suppliers and trade credits |
22 |
25 |
Tax and social security contributions |
108 |
117 |
Liabilities in respect of pensions |
7 |
6 |
Interest-bearing debt |
1 |
901 |
Other liabilities and accruals |
109 |
108 |
Total short-term liabilities |
247 |
1,157 |
The short-term liabilities and accruals relate to trade payables, taxes payable and the other short-term liabilities. Amounts owed to suppliers and trade credits include amounts payable of zero to non-controlling interests (2023: €14 million). As at year-end 2023, interest-bearing debts chiefly concerned the short-term loan of €500 million under the ECP programme and a repayment obligation of €400 million, both of which were settled in 2024.